Rajeev Misra may raise $8-10 bn for his new fund, in talks with gulf royals

Masayoshi Son’s powerful lieutenant Rajeev Misra is looking to raise $8-10 billion for his proposed new fund and has had fruitful talks with funds in Abu Dhabi and Saudi Arabia whose members are from the royal families and who were key backers of the first Vision Fund in which Softbank raised $100 billion.

Sources say it is also possible that Son may invest some money in the fund through Softbank or other vehicles, although this could not be confirmed.   

Misra, 60, came for a quiet visit to Delhi on Thursday when Son’s memo was circulated among Softbank